Promoting Affordable, Reliable Energy 

Life:Powered  is a project of the Texas Public Policy Foundation to ensure that Americans continue to benefit from abundant, reliable, affordable, and clean energy.

 

  • End Energy Discrimination in State Contracts and Investments. Politically motivated investment firms are bullying businesses to divest from fossil fuels as well as other industries including forestry, agriculture, and petrochemicals by threatening to withhold capital. These divestment campaigns would ultimately destroy thousands of Texas jobs, make energy prices skyrocket, and provide no significant environmental benefit. Life:Powered’s proposal would prohibit companies that divest from, boycott, or sanction these industries from doing business with the State of Texas, modeled after previous legislation passed regarding Israel.
  • Ban Natural Gas Bans. Following in the footsteps of Berkley, California, the cities of Austin and Dallas are attempting to ban natural gas in home appliances and heating systems. Texans should be allowed the freedom to make this choice for themselves, particularly since studies show banning natural gas in homes would have no meaningful impact on our environment. Life:Powered’s proposal will prohibit municipalities from banning natural gas hookups, preserving consumer choice and preventing a patchwork quilt of regulations. The framework of the legislation will be similar to that of the frack-ban ban bill from 2015, HB40.
  • Create Firm Capacity Requirements for Electric Generation in ERCOT. Wind and solar generators offer limited, unreliable power that threatens Texas’ electric reliability, yet numerous federal and state subsidies are promoting their expansion and crowding out affordable, reliable power generators. Life:Powered’s proposal will require wind and solar electricity generators to guarantee a certain amount of dispatchable (readily available) power during peak demand periods in order to participate in the ERCOT grid.
  • Strengthen Fiduciary Duty for Pensions. Liberal activists are bullying businesses and governments to divest from fossil fuels as well as other industries including forestry, agriculture, and petrochemicals, by exploiting the growing popularity of Environmental, Social, and Governance (ESG) scores used by corporations to show social responsibility. ESG campaigns would ultimately make energy prices skyrocket and provide no significant environmental benefit. Life:Powered’s proposal would prohibit state-operated pensions and investments from considering ESG scores and instead focus on fiduciary responsibility and make return on investment the sole criteria for investment decisions.
  • Eliminate Chapter 313 Job Waivers. Chapter 313 subsidies offer property tax breaks to companies in exchange for promising to create a certain number of jobs and economic development. However, current law allows the option to waive the job creation requirement, meaning these projects often come with only a handful of jobs, many of which are temporary. Life:Powered’s proposal will eliminate job requirement waivers, ensuring beneficiaries actually create jobs that benefit communities.
  • Limit Ch 313 PILOTs. Chapter 313 subsidies offer property tax breaks to companies in exchange for promising to create a certain number of jobs and economic development. Companies will sometimes offer donations to local education foundations or PTAs in exchange for favorable consideration of their application, a practice that is currently legal though it resembles bribery. Life:Powered’s proposal will ban off-the-books donations in exchange for Chapter 313 subsidies, ensuring applications are considered on merit to the local community alone.
  • Expand Ch 313 Transparency. Chapter 313 subsidies offer property tax breaks to companies in exchange for promising to create a certain number of jobs and economic development. Life:Powered’s proposal will expand public notice for Chapter 313 applications to 30 days before the application is filed, allowing the public a reasonable opportunity to provide input to their locally elected officials.
  • Ensure Fair Decommissioning Standards for Energy Production. Oil, natural gas, coal, and wind energy companies are currently required to pay to decommission equipment that will no longer be used when the parts have worn out or the project has been completed. Life:Powered’s proposal would extend these requirements to solar energy to maintain a predictable regulatory climate and ensure waste is disposed of properly.
  • Prohibit Energy Insurance Discrimination. Liberal activists are bullying businesses and governments to divest from fossil fuels as well as other industries including forestry, agriculture, and petrochemicals. Life:Powered’s proposal would prohibit insurance companies from discriminating against energy producers.
  • Create Wind Easements. Landowners currently do not have a defined set of rights to the wind and sunlight on their land, which means they have limited options to prevent or negotiate regarding wind and solar energy development on neighboring land that impedes their resources. Life:Powered’s proposal will create easements similar to mineral rights allowing property owners greater say over the use of their land’s wind and sunlight, modeling laws enacted in Minnesota.